Reeco Raises $15M Series A Round to Modernize Hotel Procurement with AI-Driven Procure-to-Pay Platform

Reeco Secures $15 Million in Series A Funding

MIAMI, Florida—Reeco announced it secured $15 million in Series A funding. This investment will fuel the company’s growth initiatives, including the advancement of the Reeco platform. The solution allows the industry’s back-of-house teams to stop using Excel sheets, punchout systems, and GL coding with a unified system that integrates functions. Users can purchase from any contracted vendor and receive goods quickly, manage recipes to track real…

Reeco Raises $15M Series A Round to Modernize Hotel Procurement with AI-Driven Procure-to-Pay Platform

Reeco, the leading AI-driven procure-to-pay platform for the hospitality industry, announced today it has secured $15 million in Series A funding. This investment will fuel the company’s strategic growth initiatives, including the accelerated advancement of the Reeco platform.

Reeco Raises $15 Million Series A Round to Modernize Hotel Procurement with AI-Driven Procure-to-Pay Platform

Funding will drive Reeco’s strategic growth initiatives as it streamlines back-of-house operations for North American hotels Reeco, the leading AI-driven procure-to-pay platform for the hospitality industry, announced it has secured $15 million in Series A funding. This investment will fuel the company’s strategic growth initiatives, including the accelerated advancement of the Reeco platform. The solution frees the industry’s back-of-house team…

Reeco raises $15M to modernize hotel procurement - Refresh Miami

By Nancy Dahlberg Reeco, a startup that has developed an AI-driven procure-to-pay platform for the hospitality industry,  announced today it has secured $15 million in Series A funding. The round was led by Aleph VC and included Net Capital Ventures and Joule Ventures. The funding will be used to support research and development, customer acquisition, the scaling of sales and marketing teams, and the delivery of new platform features. In 2023, R…

Reeco Raises $15M in Series A Funding

Reeco, a Miami, FL-based provider of an AI-driven procure-to-pay platform for the hospitality industry, raised $15M in Series A funding. The round was led by Aleph VC, with participation from Net Capital Ventures and Joule Ventures. The company intends to use the funds to further enhance its strategic growth initiatives, including the accelerated advancement of its platform. Led […] The post Reeco Raises $15M in Series A Funding appeared first o…